$560,000
SOLD JUN 27, 2025
-- Bed
-- Bath
1,600 Sq Ft
1,600 Sq Ft Lot

Recently Sold

$350 Per Sq Ft

3% Below List Price

31 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • 3-minute walk to Thames Street Park

About This Home

As of June 2025

Urban Charm Meets Smart Investment at 521 South Wolfe Street

Nestled just a few blocks from the vibrant energy of Thames Street and Baltimore’s scenic waterfront, 521 South Wolfe Street blends classic charm with contemporary convenience. This is more than just real estate - it’s a rare opportunity to own a multi-unit property in one of the city’s most iconic neighborhoods.

Inside, you’ll find three distinct apartments, each with its own personality and practical perks. Every unit is separately metered and outfitted with individual heating, cooling, in unit laundry and hot water systems, giving tenants privacy and autonomy — a win-win for renters and investors alike.

Step inside the units:

Apartment one spans three levels, offering two bedrooms and one bath, including a lofted bedroom space that adds character and dimension. The updated kitchen brings a modern edge, with granite countertops, shaker cabinetry, and sleek stainless steel appliances — ideal for tenants who appreciate style and function.

Apartments Two and Three are both comfortable one-bedrooms. They offer practical kitchens with wood cabinets and laminate countertops, electric ranges, and dishwashers for everyday ease.

Outdoor living space is a standout: Apartment Two has a cozy wood deck, while Apartment Three enjoys a private concrete patio — perfect for morning coffee or evening unwind time.

In-unit laundry, a must-have in today’s rental market, is available in all three apartments.

Why Fell’s Point?

Because this is where Baltimore comes to life. Historic streets. Buzzing cafes. Water views. Boutique shopping. Whether it’s a sunset stroll along the harbor or a night out on Thames, it’s all just steps away. The neighborhood’s timeless brick facades and cobblestone charm are matched by its vibrant culture and community.

Whether you’re looking for a portfolio piece with steady returns or a foothold in one of Baltimore’s most beloved neighborhoods, 521 South Wolfe Street is the kind of address that checks every box.

Last Agent to Sell the Property

Claudia Towles

Compass Listed on: 04/25/2025

Compass

Co-Listed By

Tom Towles

Compass

Last Buyer's Agent

Olu Awodipe

Samson Properties

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,928

Year Built

  • Built in 1920

Lot Details

  • 1,600 Sq Ft Lot
  • Ground Rent of $25 per year

Home Design

  • Triplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation

Schools

  • Hampstead Hill Academy Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • 150 Amp Service
  • Electric Water Heater

Community Details

  • 3 Units
  • Fells Point Historic District Subdivision

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 0302071782 028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,928

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Ground Rent
  • Exclusions: Tenants possessions excluded.
  • New Construction: No
  • Expected On Market: 4/25/2025 12:00:00 AM
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Urban Charm Meets Smart Investment at 521 South Wolfe Street Nestled just a few blocks from the vibrant energy of Thames Street and Baltimore’s scenic waterfront, 521 South Wolfe Street blends classic charm with contemporary convenience. This is more than just real estate - it’s a rare opportunity to own a multi-unit property in one of the city’s most iconic neighborhoods. Inside, you’ll find three distinct apartments, each with its own personality and practical perks. Every unit is separately metered and outfitted with individual heating, cooling, in unit laundry and hot water systems, giving tenants privacy and autonomy — a win-win for renters and investors alike. Step inside the units: Apartment one spans three levels, offering two bedrooms and one bath, including a lofted bedroom space that adds character and dimension. The updated kitchen brings a modern edge, with granite countertops, shaker cabinetry, and sleek stainless steel appliances — ideal for tenants who appreciate style and function. Apartments Two and Three are both comfortable one-bedrooms. They offer practical kitchens with wood cabinets and laminate countertops, electric ranges, and dishwashers for everyday ease. Outdoor living space is a standout: Apartment Two has a cozy wood deck, while Apartment Three enjoys a private concrete patio — perfect for morning coffee or evening unwind time. In-unit laundry, a must-have in today’s rental market, is available in all three apartments. Why Fell’s Point? Because this is where Baltimore comes to life. Historic streets. Buzzing cafés. Water views. Boutique shopping. Whether it’s a sunset stroll along the harbor or a night out on Thames, it’s all just steps away. The neighborhood’s timeless brick facades and cobblestone charm are matched by its vibrant culture and community. Whether you’re looking for a portfolio piece with steady returns or a foothold in one of Baltimore’s most beloved neighborhoods, 521 South Wolfe Street is the kind of address that checks every box.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 350.00
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 521

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • Elementary School: HAMPSTEAD HILL ACADEMY
  • Elementary School Source: Listing Agent
  • School District Key: 121137830454
  • School District Source: 3rd Party
  • Elementary School: HAMPSTEAD HILL ACADEMY

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Year Assessed: 2025
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Gross
  • Ground Rent Amt: 25.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5928.00
  • Assessor Parcel Number: 0302071782 028
  • Tax Lot: 028
  • Tax Total Finished Sq Ft: 1600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/27/2025

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Jun 27, 2025
Sold by
Hanover Realty Llc
Bought by
Rillaw Real Estate Llc
Seller's Agent
Claudia Towles
Compass
Buyer's Agent
Olu Awodipe
Samson Properties
List Price
$579,999
Sold Price
$560,000
Premium/Discount to List
-$19,999
-3.45%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%
Original Mortgage
$448,000
Outstanding Balance
$447,240
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$131,681

Purchase Details

Closed on
Jun 30, 2006
Sold by
Perlberg Wendy G
Bought by
Hanover Realty Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Assignment Deed $560,000 Cardinal Title Group
Assignment Deed $560,000 Cardinal Title Group
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $448,000 New Conventional
Closed $448,000 New Conventional
Previous Owner $100,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $560,000 -3.4% $350 / Sq Ft
04/25/2025 04/25/25 For Sale $579,999 -- $362 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,900 $251,200 $100,000 $151,200
2024 $5,900 $251,200 $100,000 $151,200
2023 $5,928 $251,200 $100,000 $151,200
2022 $5,723 $242,500 $0 $0
2021 $5,879 $249,100 $0 $0
2020 $5,312 $225,100 $100,000 $125,100
2019 $4,979 $211,967 $0 $0
2018 $5,007 $212,167 $0 $0
2017 $4,383 $185,700 $0 $0
2016 $3,790 $236,467 $0 $0
2015 $3,790 $202,800 $0 $0
2014 $3,790 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2165012

Bright MLS

APN: 1782-028